Doubletree to Sell Hotel Stake
In Atlantic City to Caesars

AP-Dow Jones News Service

Updated Jan. 14, 1997 7:26 a.m. ET

ATLANTIC CITY, N.J. -- Doubletree Hotels Corp. signed an agreement with ITT Corp.'s Caesars Atlantic City unit under which Doubletree will sell its partnership and management interests in the Convention Center Hotel in Atlantic City to Caesars.